Monero Launch, Multisig Mono-Vault, Bond Yield, Rev Share with SwapKit | Podcast #248

In this episode, Denny, Kenton, and Chad break down the Binance hack and discuss how a single compromised employee laptop can put billions of dollars at risk. They compare centralized exchanges to THORChain’s model, and discuss privacy, censorship resistance, and how node operators could protect themselves. The conversation also gets into multiple vaults, multisig signing pools, AI monitoring and fixing node issues, and making node operator commissions easier to access.

Swap now https://swap.thorchain.org/?ref=g39yp9zwjslf

THORChain is a decentralized crypto exchange. THORChain is the first and biggest DEX for Bitcoin. You can use any self custody wallet to swap and there’s no KYC required.

Timestamps:

00:00:00 Introductions

00:02:00 Marketing Update

00:04:00 Chad's Idea of Explaining How THORChain Works

00:06:00 Responding to People Online

00:11:00 THORChain Not Existing Doesn't Change Obfuscation

00:15:00 Compliance Conversation: Let's Exchange

00:19:00 Screenshare of an Individual Who Talked About How THORChain Helps People

00:24:00 BTC Mining Event in the Past About Not Observing Certain Transactions

00:27:00 Clearing Up the Misconceptions About BTC

00:32:00 Result of Trying to Stop a Decentralized System

00:34:00 How the Hack Happened and Why THORChain Is the Solution

00:38:00 Multisig Design and Monovault?

00:42:00 AI Node Operators?

00:46:00 AI, Space, and Technology

00:57:00 Space Discussion Continues

01:03:00 The Ethos of Freedom and Permissionlessness

01:08:00 Current State of the Network

01:10:00 XMR Network and Decentralized Network

01:18:00 Maya Protocol

01:29:00 The Importance of Not Having Dependencies

01:33:00 POL Discussion: Resource Allocation

01:38:00 Base Pause, 3.22

01:43:00 3.21.2: SOL Can Be Reenabled

01:45:00 Memoless Can Be Turned Back On

01:48:00 Bond Yield Discussion

01:56:00 Bonding Discussion

02:05:00 RevShare

02:09:00 Optimization Discussion

02:13:00 Quote Experiment